This is a talk about what happens when a culture is driven by the need for money to make more money.
A simple way to think about this is through real estate. Throughout history it has been advantageous to be a land owner, and today is no different. People make a lot of money buying, developing, and selling land. Even after the crash of 2008, commercial real estate has climbed again.
As investors and developers churn through properties, there’s a significant impact on the communities that actually live and work there. For families and neighborhood businesses, they must significantly increase how much money they make or they have to leave.
No matter their importance to their community, they can’t stay if they can’t pay. And few can.
Interesting article from the CEO and co-founder of kickstarter.